Red Wallace was a professional basketball player who played as number 13, 23, 17. Wallace died on July 7, 1977. Wallace was born on July 12, 1918, in Pennsylvania. Wallace’s height was 6 ft 1 in. Wallace’s weight was 185 pounds. This article takes a deep dive into Red Wallace’s net worth.
In high school, Red Wallace played basketball for Fell Township; (Fell Township, Lackawanna County, Pennsylvania). Wallace played basketball in college with Keystone College (1937-1939); Scranton Royals men’s basketball (1939-1941) and started playing professionally in 1944. Wallace left the game of basketball in 1953.
Wallace played for the New York Gothams during 1944-1945 as well as the Boston Celtics in 1946-47 BAA season. Later, Wallace played for the Toronto Huskies throughout 1946-47 BAA season, the Scranton Miners over 1947-1949, the Paterson Crescents during 1949-1951, and the Allentown Aces during 1951-1952. Some of the highlights of Red Wallace’s career included: Keystone College Hall of Fame, University of Scranton Hall of Fame, Continental Basketball Association champion, and 2× Pennsylvania Interscholastic Athletic Association state champion.
Player salaries can range between a couple thousand dollars and millions of dollars per annum, depending on a number of circumstances. Although typical NBA players make a salary of almost $2 million, a small contingent of players with D-league crossover deals earn as little as $50,000. The salary cap for NBA players is close to $100 million, although currently nobody earns anywhere near that amount. The top players earn around $35 million. Outside of the National Basketball Association, yearly earnings can go below $20,000 annually for minor league teams.
So what was basketball player Red Wallace’s net worth at the time of death? Our estimate for Red Wallace’s net worth at death is:
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